Superior Plus Corp T.SPB

Alternate Symbol(s): SUUIF

Utilities Utilities - Regulated Gas

Superior Plus Corp. is a Canada-based distributor of propane, compressed natural gas, renewable energy and related products and services. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, it delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers. Its segments include U.S. Retail Propane Distribution (U.S. Propane), Canadian Retail Propane Distribution (Canadian Propane), North American Wholesale Propane Distribution (Wholesale Propane) and Certarus Ltd. (Certarus). The U.S. Propane segment distributes propane gas and liquid fuels primarily in the Eastern United States and California, as well as the Midwest to residential and commercial customers. The Canadian Propane segment distributes propane gas and liquid fuels across Canada to residential and commercial customers. The Wholesale Propane segment distributes propane gas and other natural gas liquids across Canada and the United States.

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Superior Plus Corp > TD report on Q2 Target unchanged at $15.50

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Comment by Baystboy07on Aug 10, 2022 9:27am

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Post# 34884233

RE:RE:TD report on Q2 Target unchanged at $15.50

unless I do not understand the press release margins are actually up...majority of loss due to hedging..

Q2 2022 U.S. Propane Distribution average margins of 46.0 cents per litre, a 24% increase from 2021
Q2 2022 Canadian Propane Distribution average margins of 28.6 cents per litre, a 5% increase from 2021

Jtpatrol1 wrote: Rising wages and fuel cost to transport the propane is hurting margins , but Fuel cost have come down a lot since Q2 and hopefully they will be able to pass on some costs to the end consumer. Superior makes all their money in Q1 and Q4 .... Hope to see more aqusitions soon

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